Banking and Finance
Increase in policy rate to stifle economic growth – Databank Research
A further tightening of the Monetary Policy Rate (MPR) of the Bank of Ghana could stifle economic growth, Databank Research...
Interest rates surge further; cost of credit to go up
Interest rates continue to surge ahead of the expected hike in the policy rate of the Bank of Ghana from...
Tough reforms needed to improve financing gap—BoG
Madam Elsie Addo Awadzi, the Second Deputy Governor of the Bank of Ghana (BOG) says that a boost in Africa’s...
EIU’s prediction on cedi is inaccurate – Prof Gatsi
The Dean of the University of Cape Coast Business School, Professor John Gatsi, has cast doubt on the accuracy of...
BoG to sell $350m to dealers in quarter 2, 2022
The Bank of Ghana will sell a total of $350 million dollars to authorised dealers in the second quarter of...
Absa Group 2021 earnings increase on Lower Impairments, Higher Pre-Prevision Profit
Absa Group headline earnings more than doubled to R18.6 billion in 2021 (R8 billion in 2020), well in excess of...
BoG warns public against money doubling scheme dubbed “BitCash Currency Exchange”
The Bank of Ghana is warning the public against a money doubling scheme which operates under the name “BitCash Currency...
Access Bank Appoints First Female Executive Director
Access Bank Ghana Plc. has appointed its first female Executive Director to lead the bank’s Retail and Digital Operations. Pearl...
Banks wrote off ¢2.086 bn as bad debt in 2021 – BoG
Banks operating in Ghana wrote off ¢2.086 billion as bad debt in 2021, a 4.7% decline over the previous year,...
Banks record ¢7.4bn profit before tax in 2021
Banks in Ghana recorded ¢7.4 billion profit before tax in 2021, the Bank of Ghana has said. This is compared...
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